CBRE's analysis of the Arctic hotel market reveals a strong performance during the May-October 2025 period, driven by the "coolcation" trend and cruise tourism.
The report, covering key cities and 94 hotels, highlights a 64.4% surge in total room revenue since 2019, reaching nearly EUR 140 million.
The exurban market saw significant gains, with a record-breaking RevPAR. Cruise tourism also played a key role, with projections for continued growth.
This data underscores the Arctic's evolving landscape and its appeal as a year-round destination, attracting both investors and travelers. CBRE provides insightful analysis for this dynamic market.
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Contact
For more information, contact
Erik Myklebust, Head of Hotels, Nordics
+47 995 75 275
erik.myklebust@cbre.com
